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flag Avalon Advanced Materials' stock fell 7.7% to C$0.06 on heavy volume, ending below its 50-day average.

flag Avalon Advanced Materials (TSE:AVL) shares dropped 7.7% on Wednesday, closing at C$0.06 amid a 451% surge in trading volume to 4.96 million shares. flag The decline followed a recent rise above its 50-day moving average, with the stock now trading near C$0.06, while its 200-day average stands at C$0.04. flag The Canadian critical minerals company, focused on its Separation Rapids lithium deposit and plans for Ontario’s first midstream lithium hydroxide processing facility, carries a market cap of C$48.45 million, a negative P/E ratio of -6.00, and a debt-to-equity ratio of 5.71. flag Despite moderate liquidity and lower volatility (beta of 0.74), the stock’s recent drop raises questions about its short-term outlook, though no definitive catalyst was identified.

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